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SEC (U.S. securities regulator) Submits Crypto Securities Guidance to White House

According to Bloomberg, U.S. regulators are moving to tighten oversight of crypto and prediction markets (betting on event outcomes) as the SEC (U.S. securities regulator) files commission-level guidance on applying federal securities laws to certain crypto assets.

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Terms & Concepts
  • SEC (U.S. Securities and Exchange Commission): The U.S. federal agency that regulates securities markets and enforces investor-protection laws.
  • Prediction markets: Platforms where users trade contracts tied to event outcomes; crypto versions often use tokens and smart contracts (self-executing blockchain code).
  • Crypto asset: A blockchain-based digital token representing value or rights; its treatment under securities law depends on regulatory guidance and legal tests.